You are viewing a single comment's thread from:

RE: Steemit Crypto Academy Contest / S14W5 -Exploring STEEM/USDT Trading

in SteemitCryptoAcademy8 months ago

Greetings friend,
You did a great job explaining how the MACD can help us know when to buy or sell. I also get what you mean about using the RSI and moving averages together for entry and exit points. Your explanation was detailed and the images made it easier to grasp.

You also made it clear how the Stochastic Oscillator can confirm if the market is going up or down. And your example of using stop-loss based on support and resistance levels was easily understandable.

You really emphasized the importance of diversification for managing risk, and your example of the hedging strategy was spot on. Good luck in the contest.

Sort:  

Thank you so much dear for the beautiful comment here. Keep blessing friend.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 59820.89
ETH 2421.54
USDT 1.00
SBD 2.44